Intellectual property rights are ________ to define and protect than property rights for physical assets (e.g., plant, equipment, and land).

A. less difficult
B. easier
C. more difficult
D. more costly


Answer: C

Business

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The Internet has changed the world. Web 1.0:

A) transformed traditional retailing by selling goods and services over the Internet B) offered consumers a way to communicate with each other through e-mail C) creates online communities that connect buyers and sellers in new ways D) provided businesses with an opportunity to save money

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The write-down of an asset will affect

a. neither total assets nor net income. b. net income, but not total assets. c. both total assets and net income. d. total assets, but not net income.

Business

An understanding of organizational behavior (OB) can help organizations to prevent all of the following problems EXCEPT

A. unhappy employees. B. weak leadership. C. lack of direction. D. stagnating profits. E. loss of market share.

Business

International Properties, Inc. (IPI), signs an instrument in favor of Financial Investments Corporation that includes the statement "IPI plans to pay this debt from the proceeds of the sale of the IPI Office Building in Montreal." This instrument is

A. negotiable. B. nonnegotiable, because banks cannot easily process office buildings. C. nonnegotiable, because it refers to a separate sale. D. nonnegotiable, because Montreal is in Canada, not the United States.

Business